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does the card expire; after all he rectangle of plastic that forms the card is pretty indescructible isn it?

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does the card expire; after all he rectangle of plastic that forms the card is pretty indescructible isn it?

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One of the main reasons for an expiry date is that the magnetic stirp on the back of the card only has a limited lifespan. It can be rubbed off the plastic card or may become demagnetized by handling. If this happens your card will no loger work in credit card terminals and ATMs. Even the card itself is not entirely indestructible. It is liable to fatigue from being flexed in wallets or purses which will lead to the card peeling and cracking. Credit card companies also use the expiry date as a way of re-connecting with their customers. It gives the company and the user the opportunity to get together and discuss any issues or complaints that the customer may have. It also allows the card company to appear to care about you as a customer. They will send you a friendly reminder, kindly offering you the chance to renew with your same comfortable company. With all the competition out there, comfort and history can go a long way in maintaining customers. Credit cards are now being updated w

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